Mexico's state oil company Petroleos Mexicanos will see its crude output reduced by some 100,000 barrels per day (bpd) until the beginning of August after a massive fire on Friday at an offshore platform, a top company source said.The reduced production implies that…
Global demand for all forms of energy is forecast to rise by 23% through 2045, OPEC Secretary General Haitham Al Ghais told a Nigerian oil and gas conference on Tuesday. Oil executives and officials from the Organization of the Petroleum Exporting…
Unite the union confirmed Friday that offshore workers employed by Petrofac Facilities Management Limited in the UK will be balloted on strike action.Around 80 Unite members contracted to work on Ithaca Energy’s FPF1 platform, Captain WPP, Captain floating production…
Oil and gas company PetroNor E&P said Monday that production from the Perenco-operated PNGF Sud field complex offshore the Republic of Congo (Congo Brazzaville), grew to 30,330 bopd in the first half of 2023.'This is equivalent to 5,105 bopd…
French oil major TotalEnergies and its partner SOCAR, Azerbaijan's national oil firm, have started production of the first phase of development of the Absheron gas and condensate field in the Caspian Sea, around 100 km south-east of Baku.This…
Mexican oil company Pemex estimates that a deadly fire on a major offshore platform off the southern edge of the Gulf of Mexico has led to the loss of 700,000 barrels of crude oil production so far, while one person remains missing, the CEO of the state company…
Valeura Energy said Friday it had temporarily suspended production operations at the Wassana oil field, offshore the Gulf of Thailand after the floating storage and offloading vessel (“FSO”) stationed at the field deviated from its intended…
A fire broke out early Friday morning at the Nohoch-A offshore platform run by Mexican state oil company Pemex at the Cantarell complex, a source at the company said.Pemex has sent four vessels to extinguish the fire and is preparing to receive potentially injured workers at a nearby hospital…
BW Offshore has today closed the transaction for the sale of the FPSO Sendje Berge in Nigeria to 'a local FPSO owner and operator' for $15 million. Following the transaction, the buyer has assumed responsibility for the operations of the FPSO Sendje Berge…
French oil firm TotalEnergies has said Thursday it had powered up two gas turbines at the Tyra field, almost one month ahead of schedule. 'This represents a crucial step in the final stages of the Tyra Redevelopment since the two active gas…
Norway's Equinor has paused production at its Oseberg East oil field in the North Sea due to staffing shortages, it said on Friday. 'We have temporarily shut down the field because of unplanned absences and illness from personnel with roles that are critical for production…
Finland-based Enersense said Friday it would deliver offshore steel structures for the Hugin A production platform to Aker Solutions in Norway.Aker Solutions has ordered steel structure modules (pre-assembled units) from Enersensefor the Hugin A production platform…
OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a slowdown from this year but still an above-average increase, sources close to OPEC said.OPEC's forecast…
A French court on Thursday declined to consider a case brought by a coalition of environmental groups and local authorities which was seeking an immediate halt to new oil and gas projects by TotalEnergies.The coalition launched legal action…
The bosses of global energy companies this week urged governments to shift the focus to limiting oil demand to reduce emissions, rather than pressuring producers to curb supply, which they say serves only to increase prices.Some western governments…